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Goldman Sachs expects Fed to deliver three rate cuts in 2025

ReutersJul 1, 2025 3:23 AM

- Goldman Sachs expects the U.S. Federal Reserve to deliver three quarter-point interest rate cuts this year, the Wall Street brokerage said on Monday, citing muted tariff effects and labor market weakness.

It expects three consecutive 25-basis-point cuts in September, October and December, against its earlier forecast of a single reduction in December.

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